1. 2015 Annual Meeting April 30, 2015

2. Gary M. Small President and Chief Executive Officer

3. Forward-Looking Statement Disclosure
When used in this presentation the words or phrases “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimate,” “project” or similar expressions are intended to identify “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of Such statements are subject to certain risks and uncertainties, including changes in economic conditions in United Community’s market area, changes in policies by regulatory agencies, fluctuations in interest rates, demand for loans in Home Savings’ market area, and competition, that could cause actual results to differ materially from results presently anticipated or projected. United Community cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. United Community advises readers that the factors listed above could affect United Community’s financial performance and could cause United Community’s actual results for future periods to differ materially from any opinions or statements expressed with respect to future periods in any current statements. United Community undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made. Actual results may differ materially from our statements due to a number of risks and uncertainties, including those described in the Company’s Form 10-K for the year ended December 31, 2014 and subsequent filings. Please refer to these SEC documents for a complete list of risk factors.

4. Non-GAAP Financial Measures
This presentation contains financial information determined by methods other than those prescribed by accounting principles generally accepted in the United States of America ("GAAP").  
Management uses these non-GAAP financial measures because it believes that they are useful for evaluating our operations and performance over periods of time, as well as in managing and evaluating our business and in discussions about our operations and performance. Management believes these non-GAAP financial measures provide users of our financial information with meaningful measures for assessing our financial results, as well as a comparison to financial results for prior periods. These non-GAAP financial measures should not be considered as a substitute for financial measures determined in accordance with GAAP and may not be comparable to other similarly titled financial measures used by other companies. A reconciliation of the differences between our non-GAAP financial measures and the most comparable GAAP measures accompanies the use of such non-GAAP financial measures within the body of this presentation.

5. UCFC Price Outperformance
$5.46
$3.57
UCFC
SNL Bank Index
SNL Thrift Index

6. Review of Financial Performance Net Income
Dollars in thousands
Net income excluding prepayment penalties and adjusted for normal tax rate

7. 2014 Performance Highlights
Reported net income of $50.2 million, $9.5 million after adjusting for prepayment penalties, the DTA reversal and taxes
Loan growth of 12% for the year
Cost reduction initiative
Prepaid/restructured $110 million of high cost debt
Reversal of deferred tax asset valuation allowance - $38.8 million tax benefit
Dividends to shareholders
Initiated common stock repurchases

8. 2015 First Quarter Highlights
Net income of $3.7 million
Annualized loan growth of 10.6%
Annualized deposit growth of 17.5%
Net interest margin increased to 3.24%
Non-interest income increased 41.8%
Efficiency ratio improved to 70.1%
10 basis points of net charge-offs

9. Commercial Loan Growth
Dollars in millions
$330
$309
$285
$265
$257
$237
Unfunded Commercial Commitments
CRE, Commercial and Commercial Construction

10. Priorities in 2015 Commercial Lending Market Development
Small Business
Consumer Lending – Home Equity and Auto
Mortgage Business – Market and Product Expansion
Deposit Growth
Fee Income Expansion
Process Improvement Initiatives
Talent Additions

11. “Good people, in familiar markets, focused on businesses we know”
Expectations for 2015
Double Digit Loan Growth
Robust Fee Income Growth
Expansion of Households Served
Improving Efficiency Ratio
Strong Credit Performance
Align Dividend to Higher Earnings Experience
Continued Share Repurchases
“Good people, in familiar markets, focused on businesses we know”